Monday Morning Java

Good Morning and Happy Monday!

This past weekend, I took in a little office time, time with friends and family and started a new series, Rogue Heroes, and I tell you what an interesting show!  I wasn't outside as much as I should have been, given the warmer temperatures and sunshine, but such is life.  Black Friday deals are already starting, so if you have your Christmas list in hand, you can save some serious money in the coming weeks.  And now your morning Java...

A Cup of Coffee

Walmart ends an era. CEO Doug McMillon exits after turning the retailer into a tech-leaning logistics powerhouse, leaving a stronger brand, a sharper culture, and a company that outperformed competitors and the market.

A quarter of Americans are living dollar to dollar. Bank of America found that wage gains are still trailing the cost of basics, pushing more lower- and middle-income families into month-to-month survival as prices grind higher.

The class of 2026 hits headwinds. Only a quarter of employers expect to hire more next year, and many are reconsidering entry-level needs entirely as AI tools creep into job descriptions and reshape priorities.

Palantir’s CEO redraws the battlefield. Alex Karp attacked “parasitic” critics, dismissed worries, and recast Palantir’s rise as a win for small investors who backed the company while institutions stayed skeptical.

A Cup of Tea

On this day in Canadian history, November 17, 1869, the Suez Canal officially opened in Egypt—and Canada played a quiet but important role. Canadian engineers and workers were among those who helped bring this massive global trade route to life. The canal would go on to reshape world shipping and commerce, indirectly influencing Canada’s own trade patterns and economic development in the decades that followed.

A Little Snack

Market Update

Stocks stabilized after an early sell-off, closing near flat as tech shares rebounded late in the session.

For the week, the S&P 500 posted a modest gain, while the Nasdaq slipped, pressured by renewed valuation concerns in growth sectors.

Asian markets fell after weak China industrial production data, while Europe declined as well.

Movers & Shakers

(+) Whirlpool ($WHR) +7% after hedge fund manager David Tepper increased his stake in the home appliances company.

(+) Topgolf Callaway ($MODG) +7% because of take-private reports.

(–) Stubhub ($STUB) -21% after the online ticket reseller suspended its guidance.

Have a fun and productive week!